May 9, 2018 Kinross reels as two more African nations seek mining payoffs The Canadian miner is the latest company to be hit by changing policies in Africa as governments seem increasingly willing to upend historic deals with foreign companies in their quest…
May 9, 2018 Mexico greenlights First Majestic’s $320 million-acquisition of Primero The approval was the final government agency’s permission the parties required to close the deal.
May 9, 2018 Lerala Diamond Mine Limited is going on auction This auction includes the sale of the pits, the resource, the process plant and ancillary equipment. Goindustry, along with the liquidators, will assist with the transfer of the mining rights,…
May 8, 2018 Glencore’s Congo woes throw spotlight on country’s cobalt dominance Congo accounts for around 60 percent of global supply - estimated at around 110,000 tonnes this year.
May 8, 2018 AngloGold upbeat on Africa even as mine uncertainty persists The company is mired in disputes with the governments of Tanzania and the Democratic Republic of Congo over law changes that raise taxes in the countries.
May 8, 2018 Zimbabwe parliament delays Mugabe’s questioning on diamond revenue Mugabe to face legislators over his previous pronouncements that the state had been deprived of at least $15 billion in diamond revenue by mining companies.
May 8, 2018 Congo court temporarily suspends dissolution of Glencore unit Congo's state miner Gecamines is seeking to dissolve Kamoto Copper Company (KCC), blaming Glencore for high debts that have weighed on the mine for more than 10 years.
May 8, 2018 Fura Gems finds giant emerald at historic Coscuez mine in Colombia The 25.97-carat rough emerald is considered both “rare and exceptional” given its size, colour saturation and clarity.
May 7, 2018 Zambia concludes mine tax audits after slapping huge bill on First Quantum First Quantum said that Zambia's tax agency had demanded the taxes, saying they were on import duties, penalties and interest on consumables and spare parts.
May 7, 2018 Ethiopians urge Gov’t to revoke permit for billionaire-owned gold mine Demonstrators say the mine, owned by Saudi billionaire Mohammed al-Amoudi, has caused pollution, brith defects and other health issues.
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am